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Support for Gyms and Fitness Centers: Grants for Post-Pandemic Survival.

This act establishes a grant program for gyms and fitness facilities financially impacted by the COVID-19 pandemic. Its aim is to help these businesses sustain operations, cover costs, and retain jobs, thereby indirectly ensuring continued access to fitness services for citizens.
Key points
Gyms and fitness facilities can apply for grants to cover operational costs like payroll, rent, and utilities, potentially preventing their closure.
Businesses owned by women, veterans, and minorities, serving marginalized communities, will receive priority for funding.
Grant amounts are based on 2019 revenues, up to $20 million, with potential for supplemental grants if revenues continue to decline.
Funds must be used for ordinary business expenses and cannot be used for real estate purchases or financial investments.
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Additional Information
Print number: 117_S_1613
Sponsor: Sen. Duckworth, Tammy [D-IL]
Process start date: 2021-05-13